Echo Energy Share Price (ECHO)

From recollection the COS is derived from 6 factors, if you look at the investor events videos Julian explains it for TA and think it was as people have stated between 30-40%

I think it is more complicated than tossing a coin BR.

It’s the well on the new asset that is interesting, it’s 2km from Chilean border. On the Facebook group some pics were put up showing wells on chile side. Perhaps the drill bang into a known formation trapped in Argentina. The fact they are using the same rig shows good rappor.

Surely something must be on the cards with Bolivia. All the info on the website looks very appealing and informative but where is the value creation coming from ? Lets hope these upcoming 2 wells deliver positive results to get us kick started again and on our way to this 'mid cap company in the making'. Time for action and results now after the farce of C D and L.

Lobe C P 50 : 420 BCF ( 79 BCF at 19% to ECHO), high case 1.1TCF( 209 BCF to ECHO), low case 160 BCF( 30 BCF to ECHO), I believe. They wouldn't comment on actual dollar value to ECHO on the Q & A session so we will have to wait and see how the market responds if there is a positive find. But with the current market cap any positive news will have a substantial impact on the share price. AIMO